RE: Bob Smith's thoughts on the PHE 2025 Annual Report. (Amazing read)12 Jun 2025 23:06
Based on finding someone who wants a 50tn DMG facility, I’d say another 3 months of contract talks, 12 months to get planning approved.
Groundworks etc to start after that. Build out of the facility, at least 12 to 18 months.
Sign off and regulatory approval, 6 months, opening and testing, 3 months.
So, I’d say from the point of finding the right party / customer, who will pay everything up front, to opening, you’re probably looking at 3 years.
So if someone signs tomorrow, and all goes to plan, they’d be a site opening in June 2028.